FedEx (NYSE: FDX) shifts finance leadership, names interim CAO and CFO

Q: Did FedEx report any disagreements related to financial reporting in this management change?

FedEx explicitly states that Guy M. Erwin II’s resignation as Chief Accounting Officer is not the result of any disagreement with the company regarding financial controls, financial statements, operations, policies, or practices. This indicates the change is portrayed as an organizational move rather than a dispute-driven departure.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

FedEx Corporation announced leadership changes in its finance organization. On May 14, 2026, Corporate Vice President and Chief Accounting Officer Guy M. Erwin II notified the company he will resign effective May 31, 2026 to become Senior Vice President – Chief Accounting Officer at FedEx Freight Holding Company, Inc.

FedEx states that Mr. Erwin’s resignation is not due to any disagreement regarding financial controls, financial statements, operations, policies, or practices. The Board appointed Claude F. Russ, currently Enterprise Vice President, Finance and incoming Interim Chief Financial Officer effective June 1, 2026, to serve as Interim Chief Accounting Officer starting the same date until a permanent successor is named.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Resignation notice date: May 14, 2026 Resignation effective date: May 31, 2026 Interim CAO start date: June 1, 2026 +3 more

6 metrics

Resignation notice date May 14, 2026 Date Guy M. Erwin II informed FedEx of his resignation

Resignation effective date May 31, 2026 Effective date of Guy M. Erwin II leaving CAO role

Interim CAO start date June 1, 2026 Date Claude F. Russ becomes Interim Chief Accounting Officer

Age of Claude F. Russ 50 years Age of the incoming Interim Chief Accounting Officer

Enterprise VP Finance tenure start June 2024 Start of Claude F. Russ’s role as Enterprise Vice President, Finance

Corporate VP Finance and Transformation tenure June 2023 to June 2024 Prior role held by Claude F. Russ at FedEx

Key Terms

Emerging growth company, Interim Chief Financial Officer, Interim Chief Accounting Officer, Item 404(a) of Regulation S-K, +1 more

5 terms

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Interim Chief Financial Officer financial

"named to serve as the Company’s Interim Chief Financial Officer effective June 1, 2026"

An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.

Interim Chief Accounting Officer financial

"to serve as the Company’s Interim Chief Accounting Officer, effective June 1, 2026"

Item 404(a) of Regulation S-K regulatory

"not a party to any transaction subject to Item 404(a) of Regulation S-K"

Corporate Governance and Management regulatory

"SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

Accepted by SEC EDGAR 05/18/2026 - 04:15 PM

FAQ

What leadership change did FedEx (FDX) disclose in this 8-K?

FedEx disclosed that Chief Accounting Officer Guy M. Erwin II will resign effective May 31, 2026, to join FedEx Freight Holding Company, Inc. as Senior Vice President – Chief Accounting Officer. The company is appointing Claude F. Russ as Interim Chief Accounting Officer starting June 1, 2026.

Why is FedEx’s Chief Accounting Officer Guy M. Erwin II leaving his role?

Guy M. Erwin II is leaving his role as FedEx’s Corporate Vice President and Chief Accounting Officer to join FedEx Freight Holding Company, Inc. as Senior Vice President – Chief Accounting Officer, effective May 31, 2026. FedEx states his resignation is not due to any disagreement over financial or operational matters.

Who is FedEx (FDX) appointing as Interim Chief Accounting Officer?

FedEx is appointing Claude F. Russ as Interim Chief Accounting Officer effective June 1, 2026. Russ currently serves as Enterprise Vice President, Finance and has been named Interim Chief Financial Officer, bringing extensive internal experience across multiple FedEx entities and finance leadership roles since 2002.

What is Claude F. Russ’s background before becoming FedEx’s Interim CAO and Interim CFO?

Claude F. Russ, age 50, has served as Enterprise Vice President, Finance since June 2024 and previously held roles including Corporate Vice President, Finance and Transformation, and senior leadership positions at FedEx Dataworks. He earlier served as Senior Vice President and Chief Financial Officer of FedEx Freight.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 14, 2026

FedEx Corporation

(Exact name of registrant as specified in its charter)

Commission File Number 1-15829

Delaware
(State or other jurisdiction of
incorporation)

62-1721435

(IRS Employer
Identification No.)

942 South Shady Grove Road, Memphis, Tennessee
(Address of principal executive offices)

38120
(ZIP Code)

Registrant’s telephone number, including area code: (901) 818-7500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $0.10 per share	FDX	New York Stock Exchange
1.625% Notes due 2027	FDX 27	New York Stock Exchange
0.450% Notes due 2029	FDX 29A	New York Stock Exchange
0.450% Notes due 2029	FDX 29B	New York Stock Exchange
1.300% Notes due 2031	FDX 31	New York Stock Exchange
1.300% Notes due 2031	FDX 31B	New York Stock Exchange
3.500% Notes due 2032	FDX 32	New York Stock Exchange
0.950% Notes due 2033	FDX 33	New York Stock Exchange
0.950% Notes due 2033	FDX 33A	New York Stock Exchange
4.125% Notes due 2037	FDX 37	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT.

Item 5.02. Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 14, 2026, Guy M. Erwin II, Corporate Vice President and Chief Accounting Officer of FedEx Corporation (“FedEx” or the “Company”), informed the Company that he is resigning, effective May 31, 2026, to join FedEx Freight Holding Company, Inc. as Senior Vice President – Chief Accounting Officer. Mr. Erwin will continue to serve in his current role with the Company until May 31, 2026. Mr. Erwin’s resignation is not the result of any disagreement with the Company with respect to any matter relating to the Company’s financial controls, financial statements, operations, policies, or practices.

The Board of Directors of FedEx has appointed Claude F. Russ, who currently serves as the Company’s Enterprise Vice President, Finance and was recently named to serve as the Company’s Interim Chief Financial Officer effective June 1, 2026, to serve as the Company’s Interim Chief Accounting Officer, effective June 1, 2026, until the appointment of Mr. Erwin’s permanent successor. Mr. Russ, age 50, has served as Enterprise Vice President, Finance, of FedEx since June 2024. He previously served as Corporate Vice President, Finance and Transformation, of FedEx from June 2023 through June 2024. From January 2021 through June 2023, he held various senior leadership positions at FedEx Dataworks, including Chief Operating Officer and Senior Vice President, Revenue Management. From 2002 to 2020, Mr. Russ held various positions with increasing responsibility across FedEx, Federal Express Corporation, FedEx Services, and FedEx Freight, including serving as Senior Vice President and Chief Financial Officer of FedEx Freight.

There is no family relationship between Mr. Russ and any director or executive officer of the Company, and Mr. Russ is not a party to any transaction subject to Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FedEx Corporation

Date: May 18, 2026	By:	/s/ Gina F. Adams
		Gina F. Adams
		Executive Vice President, General Counsel and Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents